2020 Preliminary Results

A GROUP THAT CREATES VALUE FOR ITS MEMBERS, LOCAL AREAS AND COMMUNITIES

The Board of Directors of Cassa Centrale Banca approved the 2020 preliminary results, which confirm the ability of the Cassa Centrale Group and the 77 Cooperative Credit Banks, Rural Banks and Raiffeisenkassen, to grow in terms of equity and income and perform the role of supporting communities in the best way possible, reacting more than positively to the COVID-19 emergency while always guaranteeing, together with Allitude, business continuity of services.

Key financial data
RISK MANAGEMENT RATIOS
6,8%
NPL RATIO
64%
Coverage npl

FUNDING
+11% vs 2019
91.6 bn €
Total
+10% vs 2019
+5.2 bn €
Direct funding
+13% vs 2019
+3,6 bn €
Indirect funding

“In 2020, we first of all made an active commitment to protect the health of our customers and staff. 
In line with our social role, alongside banking activities we organised donations and fundraisers for businesses that needed resources to cope with the emergency. Also worth mentioning is the set of Superbonus modular proposals, designed to value local companies and professionals. Community focus is a part of our Mission, and in moments like this it becomes even stronger.

We have the numbers, the solidarity and the widespread local presence that let us do our part for the good of our people.” 

Presidente di Cassa Centrale Banca
Giorgio Fracalossi

Press release

24.02.2021 - Preconsuntivo di bilancio 2020 del Gruppo Cassa Centrale (Italian Version) Download pdf